2022
DOI: 10.1007/978-3-030-94245-8_64
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Modern Trends of Development of Energy Saving Management in Organization

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“…Economic theory shows that many important macroeconomic variables and economic phenomena have nonlinear characteristics. If we ignore this nonlinear characteristic and use panel data linear regression model to analyze it, it is likely that the estimation results will deviate and eventually lead to wrong conclusions [15]. Therefore, it is of great theoretical and practical significance to relax the strict linear restrictions and construct and study the panel data nonlinear regression model for the analysis of macroeconomic problems.…”
Section: Introductionmentioning
confidence: 99%
“…Economic theory shows that many important macroeconomic variables and economic phenomena have nonlinear characteristics. If we ignore this nonlinear characteristic and use panel data linear regression model to analyze it, it is likely that the estimation results will deviate and eventually lead to wrong conclusions [15]. Therefore, it is of great theoretical and practical significance to relax the strict linear restrictions and construct and study the panel data nonlinear regression model for the analysis of macroeconomic problems.…”
Section: Introductionmentioning
confidence: 99%